Situated in one of Victoria’s desirable urban pockets, 2639 Prior Street offers a rare opportunity to acquire a small-scale development site with meaningful upside and minimal red tape. The property is currently zoned R2 (Two Family Dwelling) and lies within the Official Community Plan (OCP) designation for Urban Residential, supporting low-rise multifamily development up to 4 storeys. What makes this site stand out is its dual street frontage, with access from both Prior Street and Bakery Mews, two legal roads offering design flexibility and potential for enhanced unit layouts, laneway access, or stratified infill. Just steps from Quadra Village, transit, and an easy connection to downtown, this lot blends pro-development policy, proven zoning, and livable location - it's a strong candidate for immediate development or strategic land holding.
Address
2639 Prior St
List Price
$1,050,000
Property Type
Commercial Sale
Type of Dwelling
Unimproved Land
Transaction Type
sale
Area
Victoria
Sub-Area
Vi Hillside
Lot Size
6250 Sq. Ft.
Lot Size (Acres)
0.14 Ac.
MLS® Number
1004773
Listing Brokerage
RE/MAX Camosun
Postal Code
V8T 3X7
Tax Amount
$5,014.33
Tax Year
2024
Amenities
Central Location, Fencing: Partial, Rectangular Lot, Shopping Nearby
